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IN RE BANK OF NY. MELLON CORP. FOREX TRANSACTIONS

Master Docket No. 12 MD 2335(LAK).

991 F.Supp.2d 457 (2013)

In re BANK OF NEW YORK MELLON CORP. FOREX TRANSACTIONS LITIGATION.

United States District Court, S.D. New York.

Signed July 2, 2013.

Attorney(s) appearing for the Case

Brian J. Robbins , Felipe J. Arroyo , Shane P. Sanders , Gina Stassi , Robbins Arroyo LLP, for Plaintiffs.

Reid M. Figel , Rebecca A. Beynon , Andrew E. Goldsmith , Kellogg, Huber, Hansen, Todd, Evans & Figel, P.L.L.C., for Nominal Defendant The Bank of New York Mellon Corporation.

Lawrence Portnoy , Lindsey T. Knapp , Bryan McArdle , Davis Polk & Wardwell LLP, for the Individual Defendants.

OPINION

LEWIS A. KAPLAN, District Judge.

Plaintiffs bring this consolidated shareholder derivative action against current and former officers and directors of the Bank of New York Mellon Corporation ("BNY Mellon Corp." or the "Company"). The complaint alleges that these individual defendants are liable in connection with the foreign exchange standing instruction service of the Company's subsidiary, Bank of New York Mellon ("BNY Mellon"). Based on the same...

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